Ley 2045 de 2020 | Ley 2045 de 2020 — Colombia law | Esheria

Ley 2045 de 2020

This text is the law’s preamble/title page and states that Law 2045 of 2020 establishes criteria for prioritizing public utility services in social investment plans and programs linked to contracts for exploration and exploitation of non-renewable natural resources.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 2045 de 2020
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
commencement community benefit programs community investment concession contracts contract scope cumplimiento regulatorio gestión social guidelines and reference terms hydrocarbon production infrastructure investment inversión en programas comunitarios investment obligations investments large-scale mining mining operations natural resources operación minera prioritization criteria programas comunitarios project viability public disclosure public services public services infrastructure regulatory compliance +5 more

Statute overview

About this statute

This text is the law’s preamble/title page and states that Law 2045 of 2020 establishes criteria for prioritizing public utility services in social investment plans and programs linked to contracts for exploration and exploitation of non-renewable natural resources. This provision says the law’s purpose is to prioritize certain investments in public utility services and related social management plans for specified oil and mining contracts, when the investments are relevant, technically, economically, environmentally, and socially viable, sustainable, and improve quality of life in the affected areas. This article sets which contracts the law applies to and which contracts are excluded. ANH must treat PBC investment as a priority criterion in E&P contracts, and contractors must present PBC projects to affected communities in certain cases. Las inversiones en PBC deben ejecutarse según los parámetros del artículo, incluyendo un mínimo del 1% en etapa de exploración y producción.

LexChat organizes source-backed legal information for research. Verify amendments, commencement, and current legal force with the official publisher before relying on it.